Thailand Announces $78 Billion Borrowing Plan: Economy Will Not Suffer
2 months ago
The Thai government has unveiled an ambitious borrowing plan of $78 billion, assuring investors that this will not exert pressure on the financial markets. The country's finance minister stated that this measure is essential for ensuring sustainable economic growth and funding various social programs. In the context of global instability and rising interest rates, borrowing is seen as a way to support domestic demand and modernize infrastructure.
Continue readingExperts Warn of Sharp Rise in UK Public Debt by the Mid-2070s
3 months ago
A recent forecast published by the UK Office for Budget Responsibility (OBR) raises serious concerns about the future of the country’s public debt. According to this report, the debt could nearly triple by the mid-2070s if the current economic and budget trends continue.
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